Area Intelligence

TAMAN PELANGI

4 properties
Low-Cost House
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Median Price
RM 256,500
PSF: RM 291

Residential Market

Median Price

RM 256,500

IQR: RM 39
MAD: RM 15
RM 291 PSF 16.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PELANGI in Gombak, Selangor recorded 4 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 257K and a median price per square foot (PSF) of RM 291.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 257K, with most transactions falling within a stable range of RM 235K to RM 278K, and a typical market range of RM 220K to RM 280K.

Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 291, with most transactions between RM 266 and RM 316. The usual range is RM 271.50 to RM 310.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PELANGI, Gombak, Selangor

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Transactions

4 properties grouped by size

900 sqft
4 units Low-Cost House
RM 280,000
JALAN PELANGI 14
883 sqft · RM 317.00 PSF
Jun 2024
RM 260,000
JALAN PELANGI 16
883 sqft · RM 295.00 PSF
Feb 2024
RM 253,000
JALAN PELANGI 12
883 sqft · RM 287.00 PSF
Jun 2023
RM 220,000
JALAN PELANGI 10
883 sqft · RM 249.00 PSF
Sep 2021

Auction Properties

1 auction properties in TAMAN PELANGI